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Sep 28, 2012
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and most americans don't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about your chart was this. i'll tell you what. the president is glad the election is only 39 days away. because yesterday kind of quietly, i don't want to get wonky, we had dismal economic data. we referenced it at the top. durable goods was terrible. boeing sold only one aircraft in august. gdp was revised down. 25% of people, i can't remember the source of the poll, basically said they'll slow down spending because of the fiscal cliff issue. things are slowing down because people, smart viewers of "morning joe" and cnbc know that we're going to get the biggest tax hike in history if congress doesn't do s
and most americans don't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about...
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Sep 27, 2012
09/12
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he promised to cut the deficit at the end of his first term. he's blown a hole in the deficit large enough to drive a mack truck through. >> sean: i want to go to ralph's point here. this president said the republicans want dirty air and water, that mitt romney is pretty much a murderer, they want kids with autism, down syndromes and the elderly to fend for themselves. this president has never been asked why he said those things and why he believes them. >> it's simple. there's 23 million giving up looking for work. you engage in personal attacks on your opponent. it's not going to work. i'll tell you why, it's not going to work because the failed economic record of this president, and it's not going to work because he's out of step with the values of mainstream perq. it doesn't how much they try to smear romney's faith, those personal attacks -- >> sean: he agree. >> when senator reid said this, and i don't think it was fortunate to say this, but when he said this about mitt romney's faith, we come after him, how come it was okay to for john b
he promised to cut the deficit at the end of his first term. he's blown a hole in the deficit large enough to drive a mack truck through. >> sean: i want to go to ralph's point here. this president said the republicans want dirty air and water, that mitt romney is pretty much a murderer, they want kids with autism, down syndromes and the elderly to fend for themselves. this president has never been asked why he said those things and why he believes them. >> it's simple. there's 23...
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Sep 26, 2012
09/12
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. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we took emergency actions. that accounts for 10% of this increase in the deficit. >> now the economy is front and center one week from tonight at the first presidential debate. two days later the president gets a september jobs report. interesting a moment ago he told the crowd he wants to export more jobs. quickly correcting himself and said he wants to export more products and joked i was channeling my opponent there. bret? >> bret: standing next to carl are you? it looks like carl's backdrop. ed henry -- >> very similar. >> bret: thank you very much. now to the international news. close circuit video o
. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we...
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Oct 2, 2012
10/12
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in terms of achieving the same amount of deficit reduction over the 10-year window. just use the budge -- budget committees and budge budget process to enforce this. to come up with reforms that achieve certain spending or revenue targets. the tpc's analysis is the kind of analysis we're going to need to be able to recycle as we go. it is the kind of analysis we need because it tells us something about what each can looks like in its present form. it tells us do we really want to use this can like this or do we need to melt it down and reshape it and use it for different parts of the whole system? and we're going to need more of these analyses. we'll need more analyses not just the distributional effects but the tradeoffs. for example if we want to keep tax cuts low, we need to broaden the base. what are some different tradeoffs if i want to lower the rates by 10%, how much am i going to have to broad the base. what are the most progressive elements of that? tax policy center will be busy in the next year is what i predict and, i think that what wee need to do is kee
in terms of achieving the same amount of deficit reduction over the 10-year window. just use the budge -- budget committees and budge budget process to enforce this. to come up with reforms that achieve certain spending or revenue targets. the tpc's analysis is the kind of analysis we're going to need to be able to recycle as we go. it is the kind of analysis we need because it tells us something about what each can looks like in its present form. it tells us do we really want to use this can...
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Oct 3, 2012
10/12
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that's a lot of revenue that could help with deficit, deficit reduction and our debt structure. the third piece of that is we could become more energy secure as a nation. today we're less reliant on outside sources. new technologies have allowed us to produce all the energy we'll need right here at home. if we create policies to allow us to use americans to create american energy, it'll benefit us all. those are the things that could be done immediately. >> so how come the administration isn't doing it, if it's that obvious these jobs can be created soon? >> well, it's unfortunate because i think their limitations on the industry is driven by, in my view, extreme ideology. it's driven by an irresponsible view that we can switch from one energy form to the other overnight. somehow, we can take the 62% of our energy in the u.s., which happens to be oil and natural gas, and just flip a switch and turn that to wind mills or solar panels. all energy forms are important to us, but the reality is it took us 100 years in the united states to get off wood as our primary form of energy. w
that's a lot of revenue that could help with deficit, deficit reduction and our debt structure. the third piece of that is we could become more energy secure as a nation. today we're less reliant on outside sources. new technologies have allowed us to produce all the energy we'll need right here at home. if we create policies to allow us to use americans to create american energy, it'll benefit us all. those are the things that could be done immediately. >> so how come the administration...
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Sep 28, 2012
09/12
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all those same polls that show president obama leading and claims to correct the bias, turning romney deficits into commanding romney leads. the idea behind is it simple. all polls base the outcome on what pollsters believe the electorate will look like, how many democrats versus how many republicans they think will actually turn out. getting that partisan makeup wrong can tilt the predictions. the people that don't believe the polls say this time, pollsters think the 2012 electorate will look a lot like 2008 and this they say is wrong. notice i said this time. back in 2004, democrats complained that the polls which showed george w. bush leading were overestimating the number of republicans who would vote. they were wrong. the polls were right. in 2000, al gore said don't believe the polls, polls showed him losing narrowly. polls were right. in fact, it's hard to find an example of the polls on average getting it wrong unless you go back to 1948, when they predicted thomas dewey defeated president harry truman. cnn political contributor ari fleischer joins us. he's an occasionally unpaid commu
all those same polls that show president obama leading and claims to correct the bias, turning romney deficits into commanding romney leads. the idea behind is it simple. all polls base the outcome on what pollsters believe the electorate will look like, how many democrats versus how many republicans they think will actually turn out. getting that partisan makeup wrong can tilt the predictions. the people that don't believe the polls say this time, pollsters think the 2012 electorate will look...
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social security hasn't contributed one nick toel to th deficit. can pay out benefits for the next 21 years. the president should be saying now what he said four years ago. he will not cut social security while romney and ryan certainly are. >> now, senator, one thing that i think is puzzling democrats and supporters of the president, as well, today is both men had a chance at closing arguments last night. that is one of the things that they knew was coming their direction. listen in part to what president obama had to say. >> four years ago, i said that i'm not a perfect man and i wouldn't be a perfect president and that is a promise that governor romney thinks i kept. >> why specifically point out the flaws? was that a good choice? >> well, i think not. i mean, i think -- here's what i think the position of the president should be. look, everybody knows the economy is in a lot of trouble today. we all know that. everybody knows that the rich are getting much richer and the middle class is shrinking and poverty and that is the simple truth. but wh
social security hasn't contributed one nick toel to th deficit. can pay out benefits for the next 21 years. the president should be saying now what he said four years ago. he will not cut social security while romney and ryan certainly are. >> now, senator, one thing that i think is puzzling democrats and supporters of the president, as well, today is both men had a chance at closing arguments last night. that is one of the things that they knew was coming their direction. listen in part...
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Oct 4, 2012
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possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't just pick binners and losers, pick the losers. and carl rove joins us. let's go to the issue of undecided. jump in there. those at least watching. >> well, we're likely to see a bump out of this. not much of a bump but a little bit of a bump. first debate is most important of the debates and this typically the winner that gets a point two points out of the debate. there is a close race like this, that matters but to step back just a moment. what matters is that there is to a lesser extent there is the vice presidential debate. soits not over tonight but there is a strong start for mitt romney. and this is an asto
possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't...
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Oct 3, 2012
10/12
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we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of washington watchdog which keeps a close eye on legislation in federal funding. jim is the washington watchdog -- watch.com several times in the course of this presentation. last but not least is john wonderlich who is the policy director at the sunlight foundation and all-around transparency gadfly. that is his official title. more information about today's panelist on your chairs and transparencycaucus.org. i would like to thank the cochairs of the congressional transparency caucus for getting us this space and opportunity to have a conversation with you today. i promised i wo
we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of...
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Oct 2, 2012
10/12
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it's like saying what's going to bring the united states back to e healthy and manageable deficit. ck reporter: and the more imminent threat to the economy may be the so-called fiscal cliff. lledratings agency fitch has genc uncertainty about u.s. fiscal policy is the single- olggest near-term threat to the global recovery. >> winston churchill once said that the americans always do the right thing but only after extinguishing every other possibility. ther is precisely what the americans are doing here. >> reporter: bremmer believes washington won't go over that cliff, but fixing europe could take years. yain reportedly could request a nuro zone bailout as early as next weekend. ekenelley: anthony, thanks very much. those are some of the same tions ons we put together to one of the most powerful women in the world economy. christine legarde is managing ristiner of the international monetary fund. the i.m.f. is essentially a massive bank set up after world war ii to help countries with herrnational trade. lagarde was a french finance minister. she took over the i.m.f. last slower. a
it's like saying what's going to bring the united states back to e healthy and manageable deficit. ck reporter: and the more imminent threat to the economy may be the so-called fiscal cliff. lledratings agency fitch has genc uncertainty about u.s. fiscal policy is the single- olggest near-term threat to the global recovery. >> winston churchill once said that the americans always do the right thing but only after extinguishing every other possibility. ther is precisely what the americans...
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Oct 3, 2012
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33% say creating jobs. 13% say reforming the tax code. 33% say reducing the federal deficit. 6% say health care. 15% say i don't really care. fascinating. >>> let's see what's coming up on street signs. mandy? >> okay. we're going to take a look at why oil prices are dropping for all the wrong reasons on street sign. yeah, we might get cheaper gas eventually, but at what cost to the global economy? >>> then, we're going to debate what is better for your money, an obama win or a romney win. >>> plus, the one thing that wall street wants to hear at tonight's debate. >>> and later on, american airlines says all the seats are fixed. >>> lots of things coming up at the top of the hour. back to you on "power lunch." >>> the world's top asset managers and investors are meeting today to discuss the economic landscape and how to navigate it. our david faber is with them at the barefoot economic summit in larue, texas. >> i've joined by founder, cio of golden tree house and management. they're in bank loans, they're in bond, distressed investments, private equity structured products. credit is the n
33% say creating jobs. 13% say reforming the tax code. 33% say reducing the federal deficit. 6% say health care. 15% say i don't really care. fascinating. >>> let's see what's coming up on street signs. mandy? >> okay. we're going to take a look at why oil prices are dropping for all the wrong reasons on street sign. yeah, we might get cheaper gas eventually, but at what cost to the global economy? >>> then, we're going to debate what is better for your money, an obama...
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Oct 1, 2012
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the deficit is over 16%. that's the types of things i would start doing and on their brass tax facts that they can be using and we're making it vague and all of the things that we have in common as republicans with president obama but we do not. >> well, i mean -- look, debates are not just about landing punches. real people look at debates and say, what kind of a person are you? what kind of leader are you? what kind of person are you? if he doesn't communicate what kind of he person he is, no one is going to vote for him. >> meghan, she's like a straight shooter. >> i'm at my breaking point with this. and i like governor romney. >> we don't have to agree on everything but at least you're candid. meghan mccain and richard wolffe, thank you for your time tonight. as i've said before, this election is not about obama. it's about your mama. new polls show that the public thinks the big issue at stake on this election day, including medicare, social security, and our safety net. but, first, the right double stan
the deficit is over 16%. that's the types of things i would start doing and on their brass tax facts that they can be using and we're making it vague and all of the things that we have in common as republicans with president obama but we do not. >> well, i mean -- look, debates are not just about landing punches. real people look at debates and say, what kind of a person are you? what kind of leader are you? what kind of person are you? if he doesn't communicate what kind of he person he...
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Sep 27, 2012
09/12
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today the government unveiling a new budget proposal to try to bring down the nation's crippling deficit. in it a proposed $51 billion spending cut next year, including an average 12% cut in government ministerial spending, a freeze in public pay for the third consecutive year, and a new 20% tax on lottery winnings. now, it does give something to the people. protection for pensions. well, bob pisani just happened to get back from spain, and he sent out his always interesting morning notebook. bob, i loved this one in particular because you basically said that what we keep quoting as a jobless rate in spain may be bunk, that people are simply working under the table? >> yeah, i'll give you an example. 25% unemployment is what they're talking about. but i had a landlord in barcelona. rented an apartment for one week. they asked for the payment in cash. they didn't want a check, didn't want anything else. my point is the bars lonens don't necessarily believe that. i wasn't in madrid, but in barcelona they're gripped by their own kind of secession of the fever. they're thinking of reseeding
today the government unveiling a new budget proposal to try to bring down the nation's crippling deficit. in it a proposed $51 billion spending cut next year, including an average 12% cut in government ministerial spending, a freeze in public pay for the third consecutive year, and a new 20% tax on lottery winnings. now, it does give something to the people. protection for pensions. well, bob pisani just happened to get back from spain, and he sent out his always interesting morning notebook....
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Oct 1, 2012
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folks in arapahoe county county there are concerns long-term and concerns about the national debt and deficit. concerns about jobs specifically in colorado. if you look at the markets, from the time the president got in office until now, you can see the chart that we have. it just scales up and up an up. the administration also has a couple of positives in the housing. seeing positive sign in recent week and month. out thing private sector employment growing. they are but on the negative side. you have this list of stories that they're dealing with. the libya fall-out. the new stuff about fast and furious that william la jeunesse had tonight. you had the slow g.d.p. growth and revision down to 1.3. continued unemployment. the afghanistan policy questions i'm ran threat. then the u.s. -israel relationship. these are constant stories. what about the back and forth and putting it all in perspective? >> on friday, there will be another jobs report that isn't good enough. i don't think we will see change in the jobless picture either this friday or friday november 2. before the election. i think p
folks in arapahoe county county there are concerns long-term and concerns about the national debt and deficit. concerns about jobs specifically in colorado. if you look at the markets, from the time the president got in office until now, you can see the chart that we have. it just scales up and up an up. the administration also has a couple of positives in the housing. seeing positive sign in recent week and month. out thing private sector employment growing. they are but on the negative side....
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Oct 2, 2012
10/12
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emphasizing the debt and the deficit is very important for a candidate to appeal to independents. mitt romney during the presidential primary here that he won convincingly eve emphasized that a great deal and i think that helped him with indianas. we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall correctly i think republicans won almost every office, but that doesn't mean it's going to happen that way this year, the pendulum could begin to swing in the other direction? >> that's correct. we had the largest republican sweep for a legislature of any state in the country in 2010. four years earlier in 2006 the democrats took control of the legislat
emphasizing the debt and the deficit is very important for a candidate to appeal to independents. mitt romney during the presidential primary here that he won convincingly eve emphasized that a great deal and i think that helped him with indianas. we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john...
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they also tackled medicare, role of the federal government, deficit. governor romney had set out to correct information that he said was put out by the obama camp that was incorrect. he was reviewed instantly on-line as being the better prepared and more forceful of the two, and spent a lot of time defining his plans and taking it to the president on the last four years. there were a lot of arguments about math. one example, obama charged the governor wants to cut taxes by $5 trillion and add 2 trillion in defense spending. >> we tried this, we've tried both approaches. the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003 and we ended up with the slowest job growth in 50 years. >> my plan is not like anything that's been tried before. my plan is to bring down rates, but also bring down the deductions and eliminations and credits at the same time so the revenue stays in, but that we bring down rates to get more people working. we talk about evidence, look at the evidence of the last four years. it's a
they also tackled medicare, role of the federal government, deficit. governor romney had set out to correct information that he said was put out by the obama camp that was incorrect. he was reviewed instantly on-line as being the better prepared and more forceful of the two, and spent a lot of time defining his plans and taking it to the president on the last four years. there were a lot of arguments about math. one example, obama charged the governor wants to cut taxes by $5 trillion and add 2...
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Sep 29, 2012
09/12
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president, you said you'd cut the deficit in half in your first term. it went up $6 trillion. you called bush unpatriotic for $4 trillion in eight years. simple question. mr. president, you predicted if we passed your stimulus by now we would have created 8 million new jobs. they still have fewer americans working. you know, mr. president, you said you'd b transparent. can we see the cables and wires tomorrow? when can we see them? >> how about this, mr. president you said you were taking our foreign policy in a different direction. the middle east is in flames against america and our ambassador is dead. mr. president, in sudan they will not allow u.s. marines to guard american soil. what do you have to say about that? >> sean: romney has got to understand, they're not going to ask these questions. it's his job to bring it up as of next wednesday. here's andrea mitchell, "nbc nightly news," and she says it's ambassador rice who was sent out with false information that we now know is false, as corroborated by a scrubbed websites at the state department to lie as as did jay carn
president, you said you'd cut the deficit in half in your first term. it went up $6 trillion. you called bush unpatriotic for $4 trillion in eight years. simple question. mr. president, you predicted if we passed your stimulus by now we would have created 8 million new jobs. they still have fewer americans working. you know, mr. president, you said you'd b transparent. can we see the cables and wires tomorrow? when can we see them? >> how about this, mr. president you said you were taking...
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Sep 29, 2012
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numbers guy, a budget guy, he's showing voters who come to these rallies exactly, and in raw numbers, the deficit problem the country has and he said that mitt romney is the better candidate to try to reverse the trend that the united nations government has been on in the past four years. so we'll have to see if he sharpens that attack even more today. but clearly they know they've got some challenges ahead, in new hampshire, of course the battleground state just four electoral votes there. in this tight race four votes could mean the difference between who is president and who is not. they want to fight hard. mitt romney's adopted home state there, if you will. >> right, so he'll be doing that for sure in new hampshire and then in ohio today. okay, thank you very much, ron mott appreciate that. >>> let's get more on the president's surge in the polls. he is increasing his lead in a number of key swing states. he's leading in all nine nbc/"wall street journal"/marist polls taken over the last three weeks. let's talk about what's happening from the gop perspective. because some there are complaini
numbers guy, a budget guy, he's showing voters who come to these rallies exactly, and in raw numbers, the deficit problem the country has and he said that mitt romney is the better candidate to try to reverse the trend that the united nations government has been on in the past four years. so we'll have to see if he sharpens that attack even more today. but clearly they know they've got some challenges ahead, in new hampshire, of course the battleground state just four electoral votes there. in...
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Sep 28, 2012
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mitt romney should be pushing hard on this question of government spending, debt, deficits and make this much more of an idealogical argument, an idealogical case against the president. he is a big government liberal. he expanded government at every turn. he will expand government further in his second term. gregg: want to put one more graphic poll up for you. most voters, 73%, say they're aware of the 47% comment notoriously made by governor mitt romney. but look at this, 63% think he is right when he argues that too many people in america are dependent on the government. you have to add two numbers together. mostly true, 36%. somewhat true, 27%. might that actually help him instead of what the pundits and democrats predicted which was it was was going to hurt him? >> it's hard to say. there is other polling show the 47% comments have hurt him. i think the problem was mitt romney kind of tripped in that argument. he made an argument that had problems with it. there were inaccuracies in the specific charges he was making but i think it is indisputable his broader case is true. i think th
mitt romney should be pushing hard on this question of government spending, debt, deficits and make this much more of an idealogical argument, an idealogical case against the president. he is a big government liberal. he expanded government at every turn. he will expand government further in his second term. gregg: want to put one more graphic poll up for you. most voters, 73%, say they're aware of the 47% comment notoriously made by governor mitt romney. but look at this, 63% think he is right...
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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you said you would cut the deficit in half. and we'll have a trillion dollar deficit each of the next four years. if you are re-elected we'll get to a trillion dollar deficit. you said before you would cut it in half. i love this idea of $4 trillion in cuts. you've found $4 trillion to get closer to a balanced budget, yet we still have trillion dollar deficits every year. let me come back -- why don't i want to raise taxes? why don't i want to raise taxes on people? and actually you said it. back in 2010, you said, look, i'm going to extend the tax policies we have. i won't raise taxes on anyone. when we're in a recession, you shouldn't raise taxed on anyone. the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes a
you said you would cut the deficit in half. and we'll have a trillion dollar deficit each of the next four years. if you are re-elected we'll get to a trillion dollar deficit. you said before you would cut it in half. i love this idea of $4 trillion in cuts. you've found $4 trillion to get closer to a balanced budget, yet we still have trillion dollar deficits every year. let me come back -- why don't i want to raise taxes? why don't i want to raise taxes on people? and actually you said it....
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it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of these moments -- and every time he's had one of these moments, not only has he failed to capitalize on them, in fact, he's fallen further behind. i don't think mitt romney is up to the task of turning this thing around and i don't think there are enough undecided voters left. >> bob, he's still digging in, feeling he could win white working-class voters in ohio on this welfare claim. he's sticking to his guns on the claim that the president wants to roll back work requirements for welfare even though politofact take a look at what he says. >> any time there's anything that has been amiss, we corr
it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of...
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of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised to do, get the economy going through a tax cut, but i'm not going to tell you how i'm going to do it. can he get away with it with even the -- >> i hope not. i think this is a moment for jim lehrer to be very tough, respectful tough, and for president obama to come back at him and to say, look, i'm happy to see -- your running mate said he didn't have enough time on sunday. that's too bad. that's terrible, in fact. i'm willing to cede, governor romney -- >> could jim lehrer get away with simply saying, i have a little liberty here, a little leeway, i will give you all the time it takes. tell us now
of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised...
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>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in westerville, ohio. martha: fire and protests in the streets of europe. listen to some of this. [shouting]. those are the scenes with riot police out in force in the streets of the city of madrid. clashing with hooded protesters there. tens of thousands of demonstrators have taken to the streets according to reports on the ground there. they're angered at another round of steep budget cuts that have come down. a default is the concern here and that could sink europe's economy and could sink ours as well, many economists believe if it comes to that. amy kellogg joins me live
>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in...
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going to do anything on medicare and medicaid when that's one of the biggest drivers of our budget deficit. >> wow! all right. >> so that was a portion of what the president said when bob asked him about a meeting on medicare that he had with harry reid, and then the speaker of the house, nancy pelosi. he's saying we've got to cut medicare. we've got to be responsible. democrats are saying no, we can't do that. and now the president, after telling boehner he would do that, is going out on the campaign trail saying those bad republicans want to cut medicare. by the way, this isn't about this election. this is about what happens after this election. how does this president -- >> exactly. >> -- after saying to the republicans, i'm going to cut medicare, which, again, is a responsible thing to do, the only thing you can do if you want to save the program, how can this president then get re-elected and go back to boehner and go, you know what? i said i'd cut medicare, and then i demagogued it and attacked you guys on the campaign. >> well, in his own words, he said it's bad politics to not draw
going to do anything on medicare and medicaid when that's one of the biggest drivers of our budget deficit. >> wow! all right. >> so that was a portion of what the president said when bob asked him about a meeting on medicare that he had with harry reid, and then the speaker of the house, nancy pelosi. he's saying we've got to cut medicare. we've got to be responsible. democrats are saying no, we can't do that. and now the president, after telling boehner he would do that, is going...
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going on the deficit. >> yes 10 trillion . i don't know how we are going to pay for this . inheritance and his successor is going it inherit a problem. >> gretchen: this is before obama care? >> thos a great point. we had massive stimulus and everything and category of spending going up yet, the big bills of obama care comes later and hasn't showed up yet. and even the democrats who run the congressional budget office said that will cost 1.7 tril yen if a decade. >> gretchen: coming up next. tragedy trikes in hollywood. katie perry exboyfriend now dead after murdering his land lady and dying misterously. >> writing a letter and you will not believe what got him in return. ♪ note ♪ i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory
going on the deficit. >> yes 10 trillion . i don't know how we are going to pay for this . inheritance and his successor is going it inherit a problem. >> gretchen: this is before obama care? >> thos a great point. we had massive stimulus and everything and category of spending going up yet, the big bills of obama care comes later and hasn't showed up yet. and even the democrats who run the congressional budget office said that will cost 1.7 tril yen if a decade. >>...
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electorate like new hampshire is very independent minded, very flinty, cares a great deal about the deficit and taxes, even there he hasn't gained any advantage, despite being associated with the ryan plan. >> dante, if governor romney comes out big wednesday, if there's some big, bold new policy introduced at the debate in denver, how does that play? >> it may give romney a second chance. i think romney really needs to have a clear victory next week to throw new hampshire back into the mix. i mean, certainly, there is still some volatility here. no one's saying it's over here in new hampshire, but i think the thing is, new hampshire's behaving just like it did four years ago. nothing in the past four years has changed new hampshire's essential character as this democratic-leaning bellwether. >> last question here, ten seconds. we know that the state has been inundated with tv and web ads, obviously. talk to me really quickly about the ground game for governor romney. how would you characterize the governor's ground game in new hampshire? >> you know, it's somewhat -- it compares to obama,
electorate like new hampshire is very independent minded, very flinty, cares a great deal about the deficit and taxes, even there he hasn't gained any advantage, despite being associated with the ryan plan. >> dante, if governor romney comes out big wednesday, if there's some big, bold new policy introduced at the debate in denver, how does that play? >> it may give romney a second chance. i think romney really needs to have a clear victory next week to throw new hampshire back into...
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that tax increase only pays for 8 percent of the proposed deficit spending. that's not a ticket to recovery. >>neil: you have made the argument clearly, the rap against the guys at the top of your ticket, he is not, he is very smart, he knows what he is doing, et cetera, but he lacks the passion, and i am sure you heard the stories that a number of g.o.p. money guys and operatessives have said, get ryan out there, get him going. is that true in is this part of an effort to showcase the passion of the ticket? >>guest: i do so many tv interviews, i have done over 100. i am doing them regional, and i'm talking to richmond, dayton, to wisconsin tv, colorado springs, yesterday, and ft. collins. >>neil: are you troubled by the wisconsin poll, and they are just polls, but for -- this is a snapshot of the moment -- but trailing further. >>guest: i don't believe the validity of that poll. here the deal, we are going to give the country a choice. the country deserves to have a choice. the choice we are offering is, do you want the traditional american idea of limited g
that tax increase only pays for 8 percent of the proposed deficit spending. that's not a ticket to recovery. >>neil: you have made the argument clearly, the rap against the guys at the top of your ticket, he is not, he is very smart, he knows what he is doing, et cetera, but he lacks the passion, and i am sure you heard the stories that a number of g.o.p. money guys and operatessives have said, get ryan out there, get him going. is that true in is this part of an effort to showcase the...
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we contact have a $16 trillion deficit for the future. we cannot have the greatest tax hike in american history. we must work to bring jobs back to america and we have to do it the right way. but the most important -- i'm sorry. >> shannon: we have to leave it there. we are out of time. vernon parker -- >> visit my web site. visit vernonparker.com. we stand for restoring the american dream. god bless you all. >> shannon: thank you. fair and balanced. in the next hour, we'll hear from vernon parker's opponent. and we will ask her about charges that she is too extreme to representative arizona. many of the justices attended a special mass here in washington today. coming up, we will take a look at the term ahead with the court set to way in on affirmative action, voting rights act and maybe even gay marriage. [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8... to meet the need
we contact have a $16 trillion deficit for the future. we cannot have the greatest tax hike in american history. we must work to bring jobs back to america and we have to do it the right way. but the most important -- i'm sorry. >> shannon: we have to leave it there. we are out of time. vernon parker -- >> visit my web site. visit vernonparker.com. we stand for restoring the american dream. god bless you all. >> shannon: thank you. fair and balanced. in the next hour, we'll...
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the budget including spending cuts to reduce the deficit. what's the impact of what may well be the world's highest tax on the rich? robert frank takes a deeper look at that. >> thanks, carl. i never thought this would actually happen but the budget unveiled the new budget and it's bad news for france. people in france who make more than 1 million euros a year will have to pay 75%. i'll say it again because it's an amazing number. 75%. this would only affect 30,000 taxpayers and bring in a few hundred million a year, but this would be far and away the highest tax rate in the the world. so let's take a look. we have a chart. france, look at that. number one at 75%. number two is 58% in aruba. the u.s. on the chart ranks 35 on the list with its tax rate of 3 35%. the question now, carl, is whether all these taxes will lead to job flight from france. now tax lawyers i interviewed this morning say they are getting a fairly normal volume of calls. but that's because most people have made plans to leave. we talked about one. bernard arnault. he's
the budget including spending cuts to reduce the deficit. what's the impact of what may well be the world's highest tax on the rich? robert frank takes a deeper look at that. >> thanks, carl. i never thought this would actually happen but the budget unveiled the new budget and it's bad news for france. people in france who make more than 1 million euros a year will have to pay 75%. i'll say it again because it's an amazing number. 75%. this would only affect 30,000 taxpayers and bring in...
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promises, john, in 2008, on that same stage when he was going after senator mccain about cutting the deficit in half. enacting a comprehensive immigration reform. closing guantanamo bay. >> let's talk about immigration reform. >> yeah. >> because mitt romney's been criticized, as well, for not being specific about his plans. and last night in denver, he may have made a little bit of news on his views on immigration policy specifically. he did an interview with the denver post, where he talked about the dream act or the waivers that president obama granted to kids born here in this country. and this is what governor romney said. he said the people who have received the special visa that the president put in place, which is a two-year visa, should expect that the visa would continue to be valid. i'm not going to take something that they purchased away basically before those visas have expired we will have the full immigration reform plan that i've proposed. what he's saying there is he's not going to go after these people. this is the first time that he's really said that. he's had months to l
promises, john, in 2008, on that same stage when he was going after senator mccain about cutting the deficit in half. enacting a comprehensive immigration reform. closing guantanamo bay. >> let's talk about immigration reform. >> yeah. >> because mitt romney's been criticized, as well, for not being specific about his plans. and last night in denver, he may have made a little bit of news on his views on immigration policy specifically. he did an interview with the denver post,...
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they don't have a deficit reduction plan. they have a deficit expansion plan. [cheers and applause] >> reporter: now, this morning governor romney jumped on those new gdp figures, said it reinforces his charge that this country cannot afford another four years of president obama and that his five-point plan for is the right prescription for this country. this is what he said. >> those five things i describe will get america's economy going again, will help people find jobs that need those jobs, will get take-home pay to come up again. this is not a mystery. we know how to do it, america has faced challenges before. when we have strong leaders, when we have people who know how to lead and where to get it -- we can get it done. and i am and we will. >> reporter: governor romney looking more toward the future and what this country would be like under a romney administration, making this as much about a choice as it has been so far about a referendum on the president. jon? jon: we are less than a week away, though, from the first presidential debate. talk about tha
they don't have a deficit reduction plan. they have a deficit expansion plan. [cheers and applause] >> reporter: now, this morning governor romney jumped on those new gdp figures, said it reinforces his charge that this country cannot afford another four years of president obama and that his five-point plan for is the right prescription for this country. this is what he said. >> those five things i describe will get america's economy going again, will help people find jobs that need...
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problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached president. that's tough criticism out there. >> that's right. >> why do you stand by that? >> well, look, what we have is a situation all over the middle east, and you showed some clips of what's happening in pakistan. we have -- we have taken a difficult situation and turned it into a disaster, because we have a president that thought he was somehow going to charm that part of the world into loving america. what he's done is increased the antagonism toward america there by having a failed foreign policy. and harry truman used to say, "the buck stops here" talking about the presidency. and the buck should stop at
problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached...
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their ow
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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a $1 trillion deficit, to be precise. so ladies and gentlemen, these guys talk about the national debt. they talk about this, you know -- and what they did generated the slowest growth in private sector jobs since world war ii. it gave us this great recession. and what they haven't told you is, what they've been unwilling to do, to do anything about it. here's the deal, folks. we laid out a $4 trillion debt reduction plan over the next ten years. $4 trillion. we've already passed a trillion of it. ladies and gentlemen, these guys vote against everything. no, no, no, i really mean it. not only do they say they don't like our plan. okay, i get that. you don't like our plan. what's your plan? >> vice president biden there today in florida. still to come, why dthe debate n denver is essentially do or die for mitt romney. we'll talk about that. >>> first, though, the very unladylike game of politics and why that guy seems to be surviving. [ male announcer ] for the dreamers... and those well grounded. for what's around this co
a $1 trillion deficit, to be precise. so ladies and gentlemen, these guys talk about the national debt. they talk about this, you know -- and what they did generated the slowest growth in private sector jobs since world war ii. it gave us this great recession. and what they haven't told you is, what they've been unwilling to do, to do anything about it. here's the deal, folks. we laid out a $4 trillion debt reduction plan over the next ten years. $4 trillion. we've already passed a trillion of...
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that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing to meet with world leaders bike prime minister benjamin netanyahu, not willing to reach across the isle about serious matters. massive cuts and our defense are looming. the massive tax hike in history is imminent. mr. president, the solutions to those problems won't be reached by sitting on the couch of the "the view," nor found in jay-z's nightclub, nor in george clooney house. the author of a brand-new "new york times" bestseller is here. bob woodward. you said this is a moment of maximum peril. you described a president not engaged in terms of relationships to fix the p
that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing...
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and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congress aes/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been doctors, lawyers, indian
and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congress aes/ what does it take to get...
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, but those kids you're talking about they're graduating with a big overhang of, you know, debt and deficits as well to pay off down the road. >> and unemployment levels are at historic highs among youth today. >> the problem romney has is he says if i'm elected president i will do the following things. the problem is when he was governor he actually raised the debt to the highest level per capita at any place in america. he increased tuition. and he increased taxes. those aren't the things he's saying on the campaign trail. that's just what he did as governor. >> so here's the thing i would say to you, governor. if governor romney's track record is relevant, then president obama's track record is relevant. and under president obama the debt has gone to $16 trillion -- he has racked up under his presidency more debt in a single term than every president combined before him. >> that was true with reagan, carter, nixon. >> you have to sit and deal with that track record. >> one other issue we haven't talked about yet, one of these 15-minute segments is going to be about health care. what is th
, but those kids you're talking about they're graduating with a big overhang of, you know, debt and deficits as well to pay off down the road. >> and unemployment levels are at historic highs among youth today. >> the problem romney has is he says if i'm elected president i will do the following things. the problem is when he was governor he actually raised the debt to the highest level per capita at any place in america. he increased tuition. and he increased taxes. those aren't...